SBA and SCRA Sign Alliance Agreement

May. 14, 2018

SUMMERVILLE, S.C.--(BUSINESS WIRE)--May 14, 2018--The U.S. Small Business Administration’s (SBA) South Carolina District and the South Carolina Research Authority (SCRA) formalized their partnership today by signing a Strategic Alliance Memorandum (SAM).

The signing ceremony took place with SCRA’s Executive Director, Bob Quinn, and Gregg White, South Carolina’s SBA District Director at SCRA’s Applied Technologies Center in Summerville, SC. The alliance is intended to further economic development through entrepreneurship, improve educational opportunities and advance access to capital and technical assistance.

“We recognize the common goals of SCRA and SBA in helping start, maintain and expand small businesses,” Said R. Gregg White, SC SBA District Director. “This is an opportunity to leverage the resources of both organizations for the benefit of South Carolina small businesses.”

“By supporting entrepreneurs, small businesses and early-stage companies, we are creating opportunities for the citizens of South Carolina,” said Bob Quinn, SCRA Executive Director, “We are excited to formalize our relationship with the SC SBA and look forward to our future collaborations with their team.”

SCRA was chartered in 1983 by the State of South Carolina as a public, non-profit corporation, and fosters South Carolina's Innovation Economy by supporting entrepreneurs, enabling academic research and its commercialization, and connecting industry to innovators.

The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to help small businesses to start, grow and succeed.

Chartered in 1983 by the State of South Carolina as a public, non-profit corporation, SCRA fosters South Carolina's Innovation Economy by supporting entrepreneurs, enabling academic research and its commercialization, and connecting industry to innovators.

About the U.S. Small Business Administration

The U.S. Small Business Administration was created in 1953 and since January 13, 2012 has served as a Cabinet-level agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, the SBA delivers its services to people throughout the United States, Puerto Rico, the U.S. Virgin Islands and Guam.